Identify a Condition Under Which Conflicts of Interest Are Exploitable

question 32

Multiple Choice

Identify a condition under which conflicts of interest are exploitable.

• A)Market for bank service is very competitive.
• B)Banks have monopoly power over their customers.
• C)Information flows between the customer and the bank are symmetric.
• D)Bank does not possess any information advantage over its customers.
• E)Bank places a relatively high value on its reputation.

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